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image Interest Rates FCNR(B)/RFC

UNION BANK OF INDIA
REVISION IN RATES OF INTEREST ON
FCNR (B) AND RFC DEPOSITS
FCNR (B) Deposits:
The details of revised rates of interest on FCNR (B) & RFC term deposits in the permitted currencies w.e.f. 01.08.2020 are given below:
PERIOD
USD< 300,000
USD >= 300,000
GBP
EUR
  Existing Revised Existing Revised Existing Revised Existing Revised
1 YR<2YRS

1.07

0.93

1.07

0.93

0.57

0.51

0.01

0.01

2YRS<3YRS

0.88

0.75

0.98

0.85

0.60

0.53

0.01

0.01

3YRS<4YRS

0.94

0.81

1.04

0.91

0.60

0.53

0.01

0.01

4YRS<5YRS

0.92

0.78

1.02

0.88

0.62

0.55

0.01

0.01

5YRSONLY

0.93

0.77

1.03

0.87

0.63

0.56

0.01

0.01

FCNR (B) Deposits:
 
PERIOD
JPY
CAD
AUD
  Existing Revised Existing Revised Existing Revised
1 YR<2YRS

0.08

0.06

0.84

0.82

0.62

0.59

2YRS<3YRS

0.14

0.12

0.63

0.61

0.65

0.64

3YRS<4YRS

0.13

0.10

0.68

0.65

0.70

0.67

4YRS<5YRS

0.13

0.09

0.75

0.71

0.82

0.76

5YRSONLY

0.14

0.09

0.86

0.81

0.95

0.88

RFC Deposits::
 
PERIOD
USD < 300,000
USD>= 300,000
GBP
EUR
JPY CAD AUD
  Existing Revised Existing Revised Existing Revised Existing Revised NEW NEW NEW
TERM DEPOSITS                      
6 MONTHS to <1 YR

1.07

0.93

1.07

0.93

0.57

0.51

0.01

0.01

0.06

0.82

0.59

1 YR to <2 YRS

1.07

0.93

1.07

0.93

0.57

0.51

0.01

0.01

0.06

0.82

0.59

2 YRS to <3 YRS

0.88

0.75

0.98

0.85

0.60

0.53

0.01

0.01

0.12

0.61

0.64

3 YRS

0.94

0.81

1.04

0.91

0.60

0.53

0.01

0.01

0.10

0.65

0.67

 

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